Living costs mean, a total of expenses for basic necessities. Such as costs of housing, food, transportation, utilities, etc in a specific location. People should consider living costs. Because it helps plan finances and avoid overspending. Also, it ensures to fulfillment of basic needs and maintains the desired lifestyle.
London is a notable developed and expensive city in the world. On the other hand, there are so many students in Bangladesh who dream of studying in London. Here living costs in London for Bangladeshi students are mentioned. As if they can make a proper plan before going to London. Let’s learn the details about it.
International students live in London in different ways. Like inside the campus and outside the campus. The details of living costs in London are given below:
When you are an undergraduate student and live on the campus of the educational institute, you have to spend a minimum of £12,000 and £15,000 per year.
If you are a postgraduate student and live on the campus then you have to spend in a year between £13,000 and £17,000.
Students who live in private housing in London live in 2 ways:
The costs of house/room-sharing for students in London are generally more affordable, ranging between £10,000 and £15,000 per year.
Living alone in London can be significantly more expensive, with costs typically ranging between £18,000 and £25,000 per year.
Council tax is to be paid to the local council in London. House owners and tenants have to pay this tax. To pay this tax, the council tax authority provides public welfare-oriented services like emergency ambulances, cleaning the dirt, area-based security, etc. House owners and tenants have to pay the council tax for a year £1,200 to £3,000.
The cost of the internet depends on the providers, packages, and speed. However, a person has to pay a minimum of £20 to £60 per month. The noteworthy thing is, that you can contact a person who has a router and take the service from him. Then the internet bill will be lower.
Money is spent mainly in five sectors. These sectors are:
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